Oneness Biotech (Taiwan) Price on February 20, 2023
| 4743 Stock | TWD 95.60 1.00 1.06% |
If you're considering investing in Oneness Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oneness Biotech stands at 95.60, as last reported on the 11th of December 2024, with the highest price reaching 97.40 and the lowest price hitting 94.40 during the day. Oneness Biotech maintains Sharpe Ratio (i.e., Efficiency) of -0.32, which implies the firm had a -0.32% return per unit of risk over the last 3 months. Oneness Biotech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oneness Biotech's Coefficient Of Variation of (424.01), risk adjusted performance of (0.16), and Variance of 6.52 to confirm the risk estimate we provide.
Oneness Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oneness |
Sharpe Ratio = -0.3238
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| Negative Returns | 4743 |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.32 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oneness Biotech is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oneness Biotech by adding Oneness Biotech to a well-diversified portfolio.
Oneness Biotech Valuation on February 20, 2023
It is possible to determine the worth of Oneness Biotech on a given historical date. On February 20, 2023 Oneness was worth 303.0 at the beginning of the trading date compared to the closed value of 245.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oneness Biotech stock. Still, in general, we apply an absolute valuation method to find Oneness Biotech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oneness Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oneness Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 276.00 | 280.00 | 242.03 | 242.03 | 4,894,704 | |
02/20/2023 | 303.00 | 303.00 | 245.98 | 245.98 | 22,297,896 |
| 281.00 | 281.50 | 242.47 | 242.47 | 6,348,047 |
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Oneness Biotech Trading Date Momentum on February 20, 2023
| On February 21 2023 Oneness Biotech Co was traded for 242.47 at the closing time. The highest price during the trading period was 281.50 and the lowest recorded bid was listed for 242.47 . The volume for the day was 6.3 M. This history from February 21, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.43% . The trading delta at closing time to the current price is 6.31% . |
Oneness Biotech Fundamentals Correlations and Trends
By evaluating Oneness Biotech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oneness Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oneness financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oneness Biotech Stock history
Oneness Biotech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oneness is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oneness Biotech will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oneness Biotech stock prices may prove useful in developing a viable investing in Oneness Biotech
Oneness Biotech Stock Technical Analysis
Oneness Biotech technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Oneness Biotech Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Oneness Biotech Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Oneness Biotech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Oneness Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oneness Biotech shares will generate the highest return on investment. By undertsting and applying Oneness Biotech stock market strength indicators, traders can identify Oneness Biotech Co entry and exit signals to maximize returns
Oneness Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oneness Biotech's price direction in advance. Along with the technical and fundamental analysis of Oneness Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oneness to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (0.81) |
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Additional Tools for Oneness Stock Analysis
When running Oneness Biotech's price analysis, check to measure Oneness Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneness Biotech is operating at the current time. Most of Oneness Biotech's value examination focuses on studying past and present price action to predict the probability of Oneness Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneness Biotech's price. Additionally, you may evaluate how the addition of Oneness Biotech to your portfolios can decrease your overall portfolio volatility.